Read the fine print on credit card disclosures before getting stung
Dec.02, 2006 in
Credit Cards, Personal Finance
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Entries for the ‘Credit Cards’ Category
Top 10 worst credit card company practices
Nov.13, 2006 in
Credit Cards, Personal Finance
Hello-
Here’s a summary of some of the worst credit card company practices:
The following list will come as no surprise to those who have felt the
sting of credit card industry practices– or listened to cardholders as
they tell horrifying tales of exorbitant rate hikes, hidden fees,
indecipherable cardholder agreements, or “bait and switch” marketing
offers.
However, it bears noting that, [...]
College students need to know about credit
Nov.08, 2006 in
Credit Cards, Credit Report
College students need to know about credit
Charlie Gibson was pre-approved for a Visa credit card when he was 18-years-old.
The Grosse Pointe freshman’s father encouraged him to use it to build credit, as long as Gibson made sure he could pay it off every month.
The one thing he wasn’t told much about was his credit report.
“When [...]
Beware of balance transfer fees
Oct.30, 2006 in
Credit Cards
Beware of balance transfer fees.
With the proliferation of credit cards, the feature of balance transfer was introduced to solve the problem of unpaid balances with high minimums.
But making use of the option to transfer the balance from one credit card to another, though may save your day, it may turn out to be too onerous.
Not [...]
